Bill Barrett (NYSE: BBG ) is expected to report Q1 earnings on May 2. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Bill Barrett's revenues will compress -20.0% and EPS will contract -95.0%.
The average estimate for revenue is $143.4 million. On the bottom line, the average EPS estimate is $0.01.
Last quarter, Bill Barrett booked revenue of $179.8 million. GAAP reported sales were 12% lower than the prior-year quarter's $208.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.20. GAAP EPS were $0.29 for Q4 against -$0.81 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 74.4%, 110 basis points worse than the prior-year quarter. Operating margin was 30.0%, much better than the prior-year quarter. Net margin was 7.6%, much better than the prior-year quarter.
The full year's average estimate for revenue is $632.3 million. The average EPS estimate is $0.52.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 184 members out of 203 rating the stock outperform, and 19 members rating it underperform. Among 53 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 49 give Bill Barrett a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bill Barrett is outperform, with an average price target of $28.07.
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